EURUSD Bounced Off Support, Prepare for A Further Rise!
EURUSD bounced nicely off its support at 1.1315(61.8% Fibonacci retracement , Horizontal pullback support, 100% Fibonacci extension ) and a strong bounce might occur below this level pushing price up to our major resistance 1.1373 (100% Fibonacci retracement , 50% Fibonacci retracement, horizontal swing high resistance ).
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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